Best AI Stocks to Invest in July 2024

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Chat GPT, a chatbot unveiled by OpenAI that uses artificial intelligence (AI) to produce human-like language, captured the world’s imagination like few other new technologies before. The AI fever that followed triggered an astonishing rally in the stocks of companies that are believed to benefit from AI adoption.

The enthusiasm appears unrelenting, and with AI being an emerging technology, it’s not too late to invest in this phenomenon.

This guide features the 10 best AI stocks with long-term potential. We cover a broad range of AI investments, including some of the Magnificent Seven tech giants that have led the AI rally and some small-caps that focus purely on AI, to help you balance your risks.

Best AI Stocks to Invest in 2024

Let’s start with a quick overview of the 10 best artificial intelligence stocks available today:

  • Nvidia: The AI poster child’s shares have gained a whopping 165% in the past year. Nvidia is the market leader in Graphics Processing Units (GPUs) that power AI models. Its market cap whooshed past the $2 trillion mark in March on AI euphoria.
  • Microsoft: After investing $13 billion in OpenAI, Microsoft  is infusing its products with AI, including Office and the Azure Cloud. With one of Wall Street’s largest balance sheets, it has the spending power to invest in AI. The stock gained 34% in the past year.
  • C3.ai: Another AI pure-play, C3.ai offers AI enterprise software to clients that include the US Air Force, Amazon Web Services and Shell. The stock has increased 20% in the past month, yet, it’s trading 40% below its 2020 IPO price.
  • Amazon: The e-commerce giant is integrating AI tools into all areas of its business: its online shop, logistics centers, and its AWS cloud platform. A strategic AI deal and up to $4 billion investment ChatGPT rival Anthropic positions it for further revenue growth.
  • UiPath: This AI pure-play is revolutionizing day-to-day tasks with its AI-powered enterprise automation software. Although the stock has gained 38% in the past year, it’s trading at a more than 60% discount from its 2021 IPO.
  • Alphabet: Google’s parent has invested $200 billion in AI over the past 10 years, and it’s adding AI features to its products, including Google, YouTube, and Google Cloud, and it has developed a ChatGPT rival, Gemini. The stock is up nearly 46% in the past year.
  • Palantir Technologies: This company, which went public in 2020, offers cybersecurity products using AI to detect threats. It has a robust balance sheet, covering total liabilities three times over with cash and short-term investments. The stock has risen 120% in the past year.
  • Symbotic: Specializing in AI robotic automation, and with backers like Walmart and Softbank, Symbotic serves the warehouse and supply chain industries. This AI stock has strong momentum, with a price increase of 74% over the past year.
  • SoundHound AI: This company has developed a voice recognition tool with conversational intelligence. The stock is up 165% this year, and it’s now valued at nearly $1.8 billion. Even so, it’s still trading at a 37% discount to its 2022 IPO price.
  • BigBear.ai: This small-cap AI pure-play helps its clients that include the US military to analyze data sets in real-time to improve efficiency. With a valuation of just over $360 million, it’s considered to have a decent upside potential.

A Closer Look at the Top AI Stocks to Buy

We’ll now explore the investment case for the AI stocks included in the list above. Read on to discover the best AI investments for 2024.

1. Nvidia – Market Leader in GPUs, the Heart of AI Technology  

Nvidia has become the bellwether for the the AI adoption wave. Worth more than $2 trillion, the chipmaker is the market leader in graphics processing units (GPUs), one of the most important components for AI technology to work. Nvidia also powers ChatGPT, which receives about 1.6 billion visits every month.

The company has a robust balance sheet, which will enable Nvidia (NASDAQ:NVDA) to invest in developing its GPUs. In its fiscal first quarter it had total assets of $77.07 billion, while liabilities were less than half that at $27.93 billion, with total debt of $9.71 billion.

Nvidia new price chart

As Nvidia’s valuation tripled over the past year, leaving many investors wondering whether this pace of growth is sustainable and its latest results were hugely anticipated to test this. But its fiscal first quarter earnings again beat forecasts. Revenue increased 262% to $26.04 billion from the same quarter a year earlier, led by its data center and AI chips. Net income soared 629% to $14.88 billion, or $5.98 per share.

Nvidia expects this rapid expansion in demand to continue as it forecast revenue growth of 107% to $28 billion for the fiscal second quarter. The latest set of results and the new guidance drove Nvidia’s share price to a new high and the company announced a 10-for-1 stock split for June. During this period of rapid AI adoption, the company may remain able to keep producing blowout earnings. As long as other AI chipmakers, such as Advanced Micro Devices, continue to find it hard to break its dominance, its share price is poised to gain more.

2. Microsoft – In the AI Driving Seat After its $13 Billion Investment in OpenAI 

Valued at over $3 trillion, Microsoft (NASDAQ:MSFT) is the largest company in the world by market capitalization after taking that title from Apple in early 2024. Although Microsoft is best known for its Windows operating system, it has positioned itself at the forefront of the AI revolution with its $13 billion investment in OpenAI, the company behind ChatGPT.

Microsoft is incorporating the generative AI technology that powers ChatGPT into all of its products and services, including its core Microsoft Office suite, such as Word, PowerPoint, and Excel, its Bing search engine and its cloud computing offering, Azure.

Microsoft price chart

Also, Microsoft has one of the strongest balance sheets on Wall Street, which will enable it to keep investing in AI research and development. At the end of March, the tech giant had $484.3 billion of total assets, compared with long-term debt of $42.66 billion and short-term debt of $20.54 billion. In the January to March quarter, revenue rose 17% to $62 billion and net income surged by 20% to $21.9 billion.  

In addition, Microsoft is on track to becoming a Dividend Aristocrat, a group of companies with a quarter of a century of back-to-back dividend increases, having raised its annual dividend payment for 21 years. Its current dividend yield is just 0.73%.

3. C3.ai – AI Enterprise Software Maker Trading Below Its IPO Price 

Founded in 2009, C3.ai (NYSE:AI), which offers enterprise AI software, is also a pure-play AI investment. Its first division helps large companies handle huge data sets to improve existing business processes.

Its second division offers pre-built AI applications, which help companies optimize supply chain networks and more efficient manufacturing models. Its third division provides tools to firms that don’t have the required technical expertise to use AI.

C3.ai price chart

In terms of valuation, it has gained 25% over the past year. However, C3.ai is trading at a 32% discount to its December 2020 IPO price. This could highlight an attractive entry point.

Like many AI start-ups, C3.ai is currently losing money. Its most recent quarter ended January 2024 it had an adjusted net loss per share of $0.13. That said, revenue rose 18% to $78.4 million, and its balance sheet looked solid. It had $731 million in cash and short-term investments and only $173 million in total liabilities, which includes short-term debt.

4. Amazon – Taking on Rivals for AI Business With Its up to $4 Billion Anthropic Deal   

Valued at $1.82 trillion, the world’s largest online retailer by market cap, Amazon (NASDAQ:AMZN), has been integrating artificial intelligence tools for many years into its products, such as its web shop search results, targeted ads and Alexa, an AI-based virtual assistant.

Amazon also dominates the market for cloud services with Amazon Web Services (AWS), ahead of rivals Alphabet’s Google Cloud and Microsoft’s Azure. AWS is already Amazon’s most profitable business and it’s in this area where the integration of generative AI technology can bring the biggest benefit.

Amazon price chart

As it steps up its AI game, Amazon in September pledged to invest as much as $4 billion in AI start-up Anthropic, which created a ChatGPT rival. As part of the deal, Anthropic said it will use AWS for “a majority of workloads” and AWS-designed chips to train future AI models.

Amazon’s share price is up more than 71% in the past year, and it has a ‘strong buy’ average recommendation from Wall Street analysts. In its most recent quarter ended in March, Amazon’s revenue and profit, as well as AWS’s revenue topped analyst forecasts. Revenue rose 13% year over year to $143.3 billion. AWS’s revenue climbed 17% to $25 billion. Net income more than tripled to $10.43 billion, or $0.98, from $3.17 billion, or $0.31 a year earlier.

5. UiPath – Automates Manual Processes With AI’s Help; Trades at a 61% Discount to Its IPO Price  

UiPath (NYSE:PATH) is an AI pure-play with enormous potential to make a diverse range of businesses more efficient. UiPath’s offering analyzes day-to-day processes to find tasks that could be automated through AI.

For example, for a financial institution that manually reviews bank statements to comply with anti-money laundering regulations. UiPath could automate the process entirely, saving its client time and cutting its operational costs.

UiPath price chart

In addition to AI, UiPath also specializes in robotic process automation (RPA). RPA is another emerging technology that is poised for rapid growth in the coming years.

Although UiPath was founded in 2005, it wasn’t until 2021 that the stock went public. Today, UiPath stock is valued at over $13.3 billion. However, it’s trading 58% below its 2021 IPO valuation. Once again, this offers an attractive entry price for new investors.

6. Alphabet – Big AI Ambitions With Over $200 Billion Invested in the Past Decade  

Alphabet (GOOG), Google’s parent company, has huge ambitions in the AI space. According to Reuters, Alphabet has invested over $200 billion into AI over the past decade. This includes a $300 million investment in AI research firm Anthropic, which was founded by former employees of OpenAI.

Alphabet is leveraging AI in many of its core products, including its Google search engine and YouTube. Google Cloud is also utilizing AI to help developers train machine learning models. Alphabet has also launched its own version of ChatGPT – Bard, later rebranded Gemini, which is geared toward helping refine search queries. Alphabet’s market value surged past $2 trillion after bumper earnings in the first quarter of 2024.

Alphabet price chart

Alphabet has the expertise and financial resources to improve Gemini’s capabilities. It has a bullet-proof balance sheet, with over $110.9 billion in cash and short-term investments, leaving it room to invest into research and development, including AI. Also, like many mega-cap tech stocks, Alphabet announced its first-ever dividend after reporting its first quarter financial results.

Alphabet’s shares have increased by 66% over the past year. In the first quarter of 2024, revenue rose 15% to $80.54 billion, driven by YouTube ad sales and Google Cloud revenue. EPS jumped 61% to $1.89.

7. Palantir Technologies – AI Tools for Cybersecurity; US Military Contracts  

Palantir Technologies (NYSE:PLTR) is a large-cap stock that specializes in cybersecurity products for both the private and public sectors. It leverages artificial intelligence and big data analytics to detect and prevent threats, such as predicting manufacturing downtime or identifying money laundering and terrorist financing risks.

In the public sector, Palantir Technologies has formed significant partnerships with the US military. It helps the US Army make real-time decisions through predictive machine learning and AI. It also helps develop defense software and automate operational processes.

Planatir price chart

While Palantir only went public in 2020, it has a market capitalization of over $54 billion. Therefore, this is very much a growth stock with plenty of upside potential.

Looking at the financials, Palantir Technologies has a robust balance sheet. While total current liabilities stand at $746 million, it holds almost $3.68 billion in cash and short-term investments. This covers its short and long-term debts more than three times over.

8. Symbotic – AI-Backed Robotic Automation for the Warehouse and Supply Chain Industries 

Founded in 2007, Symbotic (NASDAQ:SYM) is an AI pure-play that went public in 2021. It specializes in AI-driven robotic automation and it helps warehouses and supply chains operate more efficiently through autonomous organization.

Its potential is demonstrated by the fact that it has attracted investments from Softbank and Walmart.

Symbotic price chart

Symbotic is also one of the fastest-growing stocks in the past year, up 112%. Since its March 2021 IPO, Symbotic stock has increased by 363%.

Its current market capitalization of almost $28.2 billion could be poised for further rapid growth. In the most recent quarter, revenue increased by 79% year-over-year to $368.45 million, although it still made a quarterly loss of $13 million, which narrowed from $68 million a year earlier.

9. SoundHound AI – Small-Cap Growth Stock Developing AI Voice Recognition Technology

SoundHound AI (NASDAQ:SAUN) is also one of the best artificial intelligence stocks if you’re looking for a small-cap pure-play. It has developed AI voice recognition technology that helps machines understand human speech.

SoundHound AI also has an app that tells users the name and artist of any song it hears with unprecedented accuracy according to reviews. The company is also developing services, such as conversational intelligence, allowing businesses to streamline complex tasks through voice recognition.

SoundHound price chart

That said, SoundHound AI is only just getting started, which is reflected in its small market cap. The SoundHound AI stock has witnessed a lot of volatility since its 2022 IPO and it’s currently trading about 60% below its IPO price.

The key issue facing investors is profitability. In the fourth quarter, revenue rose 80% to $17.1 million, but it still posted a $18 million quarterly loss, or $0.07 per share.

10. BigBear.ai – AI Pure-Play Partnered With the US Military 

One of the best AI stocks for pure-play investors is BigBear.ai (NYSE:BBAI). Founded in 2020, BigBear.ai has developed AI-backed technology that enables firms to analyze large data sets in real-time and gain insights that improve efficiency. It counts the US military among its clients.

For example, its technology is being leveraged by the Air Force Research Laboratory to reduce operational planning processes. What normally takes two years can now be achieved in under a month.

BigBear.ai

With a market capitalization of just $502 million, BigBear.ai appeals to growth investors. While it trades on the NYSE, it’s also considered one of the best penny stocks.

As an important milestone, in the third quarter of last year, it posted its first quarter of positive cash from operations and net income. It made a small profit of $4 million compared to a $16.11 million net loss a year earlier. In the fourth quarter, revenue rose slightly to $40.6 million, but it again posted a net loss, which narrowed to $21.3 million, from a net loss of $29.9 million a year earlier.

Revenue is forecast to grow at a pace of about 10% a year.

Where to Buy AI Stocks

In order to buy the hottest artificial intelligence stocks on the market right now, you’ll need a reliable online stock broker that offers access to a wide range of tech shares. While there are many to choose from, our top pick is eToro.

eToro offers trading on hundreds of major tech stocks from around the world, including nearly all of the latest AI stocks. You can buy and sell the shares with 0% commission, meaning you’ll pay no trading fees to get exposure to the next big wave of tech companies.

eToro AI stock page
Risk disclaimer: 76% of retail CFD accounts lose money – your capital is at risk

Regulated by leading bodies in the US, UK and Europe, eToro has tons of analytical tools to help you find the latest AI stocks and identify the best opportunities to buy. Charting software makes it easy to monitor stock price movements and apply technical indicators that can help you spot profitable entry points. Market news feeds ensure you never miss a headline and help you stay a step ahead of the market.

In addition, eToro supports social copy trading so that you can automatically invest in AI stocks by following in the footsteps of experienced tech investors. When copying another trader’s portfolio, your eToro account will automatically buy and sell AI stocks to match the trader’s positions. You never need to place an order manually or spend your days watching the market. This is a better choice than the algorithmic trading systems that are not recommended for retail investors.

All of eToro’s tools are available through a free mobile app for iOS and Android, making it a great choice for AI stock traders and investors on the go.

Available Assets 5,000+
Pricing Systems 0% commission for share trading
Fee for Investing in Apple Stock None
Minimum Deposit $100 (location dependent)
Top Features
  • 0% commission on stock and ETF trades
  • Offers access to global markets
  • Supports copy trading
  • $100k demo account
  • Customizable mobile charts

Pros

  • Zero commission on stocks and ETFs and competitive spreads
  • Strong regulation and reputation
  • Copy trading tools allow you to copy successful traders
  • Excellent mobile app
  • 24/7 customer service

Cons

  • $5 withdrawal fee
  • $10 per month fee after 12 months of inactivity

What Are AI Stocks?

AI stocks are the shares of publicly listed companies that are directly or indirectly involved in developing products that use artificial intelligence technologies. The unveiling of ChatGPT sparked unprecedented gains in the shares of companies that are incorporating AI in their business proposition.

Generative AI, the technology that ChatGPT and competitor chatbots are based on, can be used to answer queries, help write articles, emails, marketing materials, computer code and even music, and it has the power to transform business and everyday life. Generative AI’s economic impact can be huge. Goldman Sachs is predicting that AI’s spread could raise global GDP by 7%, or almost $7 trillion and lift productivity growth by 1.5 percentage points in 10 years.

The stars of the show in 2023 were the Magnificent Seven, a group of US large-cap tech stocks named after a 1960s western movie: Apple, Microsoft, Amazon, Alphabet, Nvidia, Meta Platforms, and Tesla. They were responsible for more than 60% of the S&P 500’s 25% gain during that year. Their shares-price gains drove the US benchmark  index close to a record high on expectation AI applications will supercharge their earnings growth.

Magnificent 7 Stocks and the S&P 500
Source: Goldman Sachs Global Investment Research

These mega-cap companies aren’t only focused on AI and it’s not their main source of revenue. They are developing other innovative technologies, including cloud computing, self-driving vehicles, and online gaming. Even so, as the rally over the past year proves, they are also considered as AI stocks. One way to spot these players that have links to AI is by checking out the stocks included in the Nasdaq CTA Artificial Intelligence Index that tracks the average performance of companies involved in the artificial intelligence segment of the technology and other sectors.

Microsoft, for instance, makes most of its revenue from operating systems and software. However, because of its investment in OpenAI, the firm behind ChatGPT, and the way it infuses its products with AI, it’s seen as an AI stock.

Nvidia also falls in this category. It almost impenetrably dominates the market for AI chips and derives more than three quarters of its revenue from its compute and networking segment, it also sells GPUs to the gaming, professional visualizations, and automotive sectors.

Super Micro Computer (NASDAQ: SMCI), which makes pre-built computer servers, is another example, as it works with Nvidia and it has became a major player in the AI server niche. Social media giant Meta Platforms is also an AI stock due to the way its social networks leverage AI.

Some stocks are classed as AI ‘pure-plays,’ including C3.ai andUiPath. This means that their business models are exclusively focused on AI. An example is UiPath as its main product uses AI to automate manual tasks.

Investors can find gems among the shares of start-ups working on AI-innovations. However, building out the large-language models that generative AI uses requires considerable amounts of capital investment that only the largest companies can afford. In all likelihood, many small cap, pure-play AI companies will ultimately need to partner with a tech giant to develop their products.

Ultimately, AI stocks allow you to invest in the future of artificial intelligence, which is predicted to be one of the fastest-growing technologies, transforming the economy and boosting productivity in the coming years.

Why Invest in AI Stocks?

We’ll now explore why artificial intelligence stocks could be a good investment for long-term investors.

Growth Industry With Further Potential

The artificial intelligence concept dates back to the 1950s, so it’s not all that new. International Business Machines Corp, better known as IBM, was one of the pioneers. IBM’s Deep Blue computer, which leveraged AI, beat world chess champion Garry Kasparov in 1985. However, the current revolution is about generative AI that uses large language models that produce text, code or music, and has the potential to transform every industry imaginable.

The AI industry is expected to grow exponentially in the coming years. Statista Market Insights, estimates the global AI industry will be worth over $738 billion by 2030. This represents a compound annual growth rate of 17.3%. AI-related hardware, software, gaming, education, IT and business services will become a $1.3 trillion market by 2032, according to a Bloomberg Intelligence report.

Estimated AI Market Opportunity
Source: Bloomberg Intelligence

To offer some context, investing in AI today can be like buying internet stocks in the 1990s – such as Microsoft and Amazon, or investing in electric vehicle companies like Tesla in the early 2010s.

Plenty of AI Pure-Plays for Direct Exposure 

One way to benefit from this growth potential is through   investing in the shares of  AI-centered  companies. Many AI pure-plays are relatively young and have small market capitalization. This offers huge upside potential.

For example, BigBear.ai’s market capitalization is just around $300 million.And SoundHound AI is currently valued at just around $400 million. Some of the tech giants were of a similar size when they started out. BigBear.ai was founded as recently as 2020, and SoundHound went public in April 2022, so you’ll be investing in brand-new growth stocks.

Blue-Chip Companies With Vast Resources Are Active in AI  

Some investors, however, favor established companies that are stepping up spending on new products built on AI technology. Companies like Microsoft, Nvidia Corp, and Alphabet are already in the driving seat of mass AI adoption, and they have robust vast financial resources to develop new applications and acquire AI startups with unique products and services. Some recent examples:

  • Microsoft first invested $1 billion in OpenAI in 2019 and has raised its stake to $13 billion in the company that developed ChatGPT. Microsoft is adding  the technology that powers ChatGPT to its products.
  • Similarly, Alphabet has invested more than $200 billion into AI over the prior decade, including the $300 million acquisition of Anthropic, a start-up that develops large language models and AI systems.
  • Amazon invested $1.25 billion in Anthropic in 2023 and has the option to raise this to $4 billion as part of a strategic deal for its AWS cloud computing platform.
  • Meta Platforms in April unveiled plans to step up investment on AI. It’s now planning to spend between $35 billion and $40 billion in 2024 alone, up from an earlier prediction of between $30 billion and $37 billion.

Betting on the biggest players, such as Microsoft, Alphabet or Meta Platforms that already dominate their respective sectors and are expanding into AI will help you mitigate your risk as an investor.

What Is the Compound Annual Growth Rate?

  • Seasoned investors will look at the compound annual growth rate (CAGR) when assessing the market potential of specific industries, such as artificial intelligence.
  • First, analysts estimate what the market could be worth in the future, in dollar terms. For example, we mentioned that Statista Market Insights estimates that the artificial intelligence industry will be worth over $738 billion by 2030.
  • Next, analysts will calculate the annual growth rate based on the current market size. This means that artificial intelligence has a CAGR of 17.3% based on Statista’s estimates.
  • In other words, the AI market could grow by 17.3% every year until 2030. Just remember, the CAGR is based on estimations, so there is no guarantee that it will come to fruition.

Is There an Artificial Intelligence ETF?

  • One of the best ways to invest in artificial intelligence is through an ETF that tracks AI stocks.
  • There are several options available, including the Global X Robotics & Artificial Intelligence ETF.
  • This ETF offers exposure to 43 AI stocks, including NVIDIA, UiPath, C3.ai, Symbotic, and Soundhound AI.
  • The Global X Robotics & Artificial Intelligence ETF is weighted by market capitalization and has an expense ratio of 0.69%.

How to Pick the Best AI Stocks to Invest in

Choosing the right AI stocks based on your financial goals and risk tolerance is crucial. What’s more, AI should only form a small part of your overall portfolio. This ensures you avoid becoming overexposed to AI to limit your future risks.

In this section, we discuss best practices when choosing the hottest AI stocks to buy now.

Cover a Blend of Pure-Plays and Blue Chips 

The first step is to ensure you’re well diversified. Not only in terms of the number of stocks but the type of AI companies.

Risk-averse investors might consider a balanced approach to AI.

  • 70% of your portfolio might consist of large-cap, established companies that are loosely exposed to artificial intelligence.
  • This could include Nvidia, Microsoft, Alphabet, and Amazon. The risks on these stocks are minimal when compared to AI pure-plays.
  • The remaining 30% could be split across many different AI pure-plays with various business models.

Look at Recent Stock Price Performance  

AI is a huge growth market that also carries additional risk. This is especially the case when investing in AI pure-plays with small valuations and weak balance sheets. This means that as an investor, you should expect to make higher gains than the market average in exchange for the higher risk.

Crucially, when selecting the top AI stocks to watch, look for companies with strong momentum. For example, in the past year, C3.ai is up 74%, UiPath has gained 60% and Symbotic has added 165%. In contrast, the tech-heavy NASDAQ Composite, which can be your benchmark, has increased 37% in the same period.

Analyze Quarterly Earnings 

There is often a direct correlation between stock price momentum and quarterly earnings. After all, if an AI company is performing well, this is often reflected in its share price. However, this isn’t always the case, so it’s important to research the stock’s most recent quarterly performance and how this compares to previous periods.

Consider the Company’s Financial Health

Investors should also consider financial health when picking the best AI stocks to buy right now. This is very important when exploring small-cap AI companies that are firmly in growth mode.

After all, small-caps often have limited cash flow and have a strong reliance on debt. Make sure to explore the balance sheets to compare the assets, such as cash and short-term investments with liabilities, such as debt.

Partnerships and Notable Backers

We found that the best AI companies have already secured notable partnerships and backers from established organizations. This ensures credibility, as their business models and long-term vision are recognized by market leaders.

For example, although BigBear.ai was only founded in 2020, it’s already secured a contract with the US military. Similarly, Symbotic, which went public in 2022, has formed a joint venture with Softbank, and its robots are used in more than  40 Walmart distribution centers.

Where to Get AI Stock Picks and Insights 

For further information regarding AI stock picks, we recommend checking out AltIndex.

AltIndex provides stock picks, alerts, and insights using alternative data. This means that it analyzes social media and other websites, app downloads, customer satisfaction ratings, and other data points regarding a company.

It tracks this data over time, compares it to other companies, and then uses machine learning to generate investment insights. Stocks are given a ranking score out of 1 to 100, simplifying the analytical process that can often be very difficult for stock investors.

With over 10k members, AltIndex is a widely used and trusted service. It provides over 100,000 unique daily stock insights and alerts, and has a very impressive win rate of 75% from its AI stock picks.

You can try AltIndex’s Starter Plan for just $29 a month and receive stock picks directly to your email, as well as a range of other useful features.

Conclusion

In summary, artificial intelligence is a high-growth market that’s worth just a small fraction of its future potential. But diversification is key, so consider building a portfolio of AI pure-plays alongside established blue chips – such as Nvidia and Microsoft.

Another option is to consider an AI-backed research facility like AltIndex, which offers recommendations on hot AI stocks to buy. AltIndex has a solid track record – including a 75% win rate since its inception. Check out AltIndex today to take the guesswork out of AI investing.

References 

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Kane Pepi
Editor
Kane Pepi
Editor

Kane Pepi is an accomplished financial and cryptocurrency writer who has an extensive portfolio of over 2,000 articles, guides, and market insights. With his expertise in specialized subjects such as asset valuation and analysis, portfolio management, and financial crime prevention, Kane has built a reputation for providing clear explanations of complex financial topics. He holds a Bachelor's Degree in Finance and a Master's Degree in Financial Crime, and is currently pursuing his Doctorate degree, which focuses on investigating the complexities of money laundering in the cryptocurrency and blockchain technology sectors. Kane's wealth of knowledge and experience in the field make…